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Schedule
reliability has a poor start in 2015

Congestion on the US West Coast and
implementation of alliance networks meant that 2015 kicked-off with an all-time
record low schedule reliability, according to SeaIntel’s latest
industry-leading Global Liner Performance report. On-time performance decreased
to 67.8 per cent in January (based on 10,762 vessel arrivals), from 71.2 per
cent in December. Data from INTTRA shows that container delivery declined to
49.1 per cent, based on nearly 3 million container arrivals.

The decline in schedule reliability
means that 2015 starts out slightly lower than 2014 did, but significantly lower
than both 2012 and 2013. "There is no doubt that shippers during 2014 have
experienced considerable lower on-time performance than in 2012 and 2013, and
2015 does not show any improvements yet," said Mr Morten Berg Thomsen,
shipping analyst at SeaIntel.

For the 6th consecutive month,
Maersk Line, Hamburg Süd and CSAV were the most reliable carriers, with an
on-time performance in January of 80.2 per cent, 80 per cent and 78.5 per cent,
respectively. NYK, HMM, Hapag-Lloyd and ZIM managed to improve their scores in
January, SeaIntel said.

"Global schedule reliability is
a good indicator for the carriers’ overall on-time performance, but it can
only be used as guidance. If a shipper wants to have the best possible service
offering in the market he operates in, then the shipper needs to have access to
accurate information on a trade lane level, irrespective of whether the shipment
is from Asia to North Europe or East Coast South America to Asia, as carrier
performance will vary widely between individual trade lanes,"according to Mr Thomsen.

Reliability in the Transpacific EB
trade lane (1,125 vessel arrivals) decreased for the sixth consecutive month to
42.5 per cent, while container delivery decreased to 26.7 per cent. Both scores
represent a new record-low performance in the trade lane. During January,
carriers experienced that vessel productivity across the West Coast continued to
be at a very low level, which meant vessels were forced to anchor due to slow
turn times in the ports. The consequence was that the backlog of anchored
vessels continued to grow in Seattle, Tacoma, Oakland, Los Angeles and Long
Beach.

Mr Thomsen added: "It is clear
that congestion on the US West Coast continues to have a further negative effect
on carriers’ on-time performance. There seems to be no end to how low schedule
reliability can go, but it is clear that some carriers are better to cope with
the challenges on the US West Coast than others. With the labour dispute in the
West Coast ports seemingly resolved, we should expect to see an improvement in
performance later in the year, but it will take several months before the
backlog is cleared."